create escrow web application

Closed Posted Feb 10, 2016 Paid on delivery
Closed Paid on delivery

I want to build an escrow website

General idea:

Escrow works like this:

STEP 1

Either the Buyer or Seller may start a new escrow transaction from the Member Account. The fully automated system instantly adds the new transaction to both parties accounts. If one party doesn't have an account, the system will invite them to join.

STEP 2

From the private escrow status page, the Buyer submits payment to Online Escrow admin for safekeeping. When payment has been submitted, the system instantly updates the status of the transaction and instructs the Seller to ship the item. Once the item has been shipped, the Seller informs Online Escrow from the status page.

STEP 3

The Buyer receives the item and upon confirmation, the Seller receives payment. Both parties are protected from fraud every step of the way.

Implementation wise, I'd track escrow deposits like any transaction, I'd also track escrow payments the same way.

You need to come up with a way to store "Work Orders" in a database. These would have two columns "AcceptedByA", and "AcceptedByB", as well as the amount of money.

Member Functions

• Automated buyer/seller signup

• Password forget system

• Buyers can choose the methods of receiving the goods

• Sellers can choose the methods of receiving the money once transaction is completed

• Members have the ability to update their profile

• Welcome email is sent when a new member signs up

• Members can view the list of escrow transactions in the member account

• Both parties will by notified via email when there is a new escrow transaction

• Members can start an escrow transaction instantly

• The status of the escrow transaction is displayed real-time

• Integrated support desk for quick contact to the admin

Admin Functions

• Ability to edit and delete members

• Ability to set the commission fee

• Edit admin username/password

• View/Edit enquires sent through the member support desk

• Real-time monitoring of every escrow transaction

• Email notification when a payment has been made

• Email notification during the process of the escrow transaction so that admin can be updated through email

• Admin can manually delete/approve/complete escrow

• Ability to view the details of each escrow transaction

• Admin can view escrow transaction by status (All Escrows, Waiting Escrows, Canceling Escrows and Approving Escrows)

JavaScript MySQL PHP Web Security Website Design

Project ID: #9616308

About the project

20 proposals Remote project Active Mar 18, 2016

20 freelancers are bidding on average $1292 for this job

codeguru786

Hi, we have read all the requirements and we are very confident to do this project from start till end. We definitely have some questions when we discuss project with you. Due to the change of bid system at freelancer. More

$2756 USD in 30 days
(592 Reviews)
9.1
mituld

Hi I work towards providing reliable, relevant and robust IT solutions at most competitive prices to my customers. I ensure 100% customer satisfaction so lets start Thanks

$1030 USD in 30 days
(293 Reviews)
7.9
StdioRelations

======= EXPERTS HERE READY TO START ======= Hi, can u please discuss in details so that we can let you know the best time frame and cost :) we always work for client satisfaction so please initiate chat as soon as More

$1031 USD in 23 days
(131 Reviews)
7.1
uxdev

Hi, please message me, I would like to discuss this project with you in more detail. I see that you are in Nigeria, I have worked with other employers from there and have always had a great experience. I speciali More

$710 USD in 14 days
(68 Reviews)
6.8
malviyamanish

Hello Employer, I read your requirements and fully understood you need a escrow system in to your website. I have worked on it before and can develop this for you. I understood your all the three STEPS for escrow sys More

$710 USD in 7 days
(134 Reviews)
6.7
toseef3

Dear Sir, Hope you are doing well, I have read your job description, I am willing to work with you to build an escrow website. I have read all steps you mentioned in the job description. - I ll complet More

$842 USD in 30 days
(39 Reviews)
6.2
Shopify

Hello, I understood the initial scope of this project. Although i want to discuss further this job in order to prepare the final concept for this project. After Complete discussion over the call or in chat, i More

$773 USD in 20 days
(10 Reviews)
5.6
Diatlenko

Hi there - My name is Bogdan. I’ve read your brief and can see that you’d like to build an Web sysytem. My team has 6 years experience designing and developing websites and mobile apps for iPhone and Android and als More

$2815 USD in 45 days
(9 Reviews)
2.5